Partnerships
Accuracy is our North Star
What We Do
First Interpreter’s CPS product is made possible by its permanent, exclusive arrangement with Quadrant Rating Solutions’ unique data and technology. This proprietary database is now accessible in real-time to inject advanced CPS metrics into the digital and offline personal lines insurance ecosystem.
We provide the first and only API that considers an unlimited, unbiased carrier selection for Auto and Home insurance in all 50 states and D.C. This is how we accurately score the insurance carrier and drive our advanced CPS metrics
What We Do
We do not reveal rates to anyone, including consumers. Real-time advanced CPS metrics are available for all top carriers – both large and small companies including the top 5 carriers per state determined by written premium. Advanced CPS metrics are also available for carriers that have multiple underwriting companies (e.g., for preferred, standard and non-standard risks) and for carriers that are regional and national in scope.
How it Works
Carriers submit for approval of rating plan changes with each state department of insurance
We obtain these submissions on a timely basis
We accurately address all carriers’ credit, discounts such as combining home with auto, renewal, special endorsements, or other insurance particulars
For increased precision, carrier customers have the option of including their generated rates to derive the advanced CPS metrics.
We enable secret computing technology to conduct these computations in an encrypted fashion, so even we don’t know your rate or the resulting advanced CPS metrics!